Rockford Bay, ID is a charming beachside community located in Northern Idaho. It is home to several local businesses including Rockford Bay Pizza & Subs, Local Produce Market, and Rockford Bay Auto Repair. The cost of living in Rockford Bay is quite affordable compared to the US average due to its low median rent and grocery costs index. Two-bedroom rentals in Rockford Bay are currently priced at $1,270 which is about $160 cheaper than the US average of $1,430. Additionally, the grocery cost index in Rockford Bay is 103 versus 100 in the US which means that groceries are slightly more expensive on average than they are nationwide.
Rockford Bay has an unemployment rate of 5.0%. The US average is 6.0%.
Rockford Bay has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.
Tax Rates for Rockford Bay
- The Sales Tax Rate for Rockford Bay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rockford Bay is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rockford Bay
- The average income of a Rockford Bay resident is $62,262 a year. The US average is $28,555 a year.
- The Median household income of a Rockford Bay resident is $125,000 a year. The US average is $69,021 a year.